The Billion-Dollar Detour
Part 1 of The TIER Files. Four years of audited statements show Alberta's industrial carbon fund sent $1.85 to general revenue for every dollar it granted to emissions reduction.
Stories and analysis from within the nonsense
An engineer writing within the water-energy-food nexus, primarily about the distance between what the public is told about carbon accounting and what is actually happening in the ledgers, filings, and regulatory systems that define it.
Part 1 of The TIER Files. Four years of audited statements show Alberta's industrial carbon fund sent $1.85 to general revenue for every dollar it granted to emissions reduction.
An ongoing investigation into Alberta’s Technology Innovation and Emissions Reduction (TIER) system — the carbon-pricing regime that collects billions from industrial emitters and spends most of it on something else.